10-Q quarterly report · filed Nov 7, 2025

YELP INC (YELP) Q3 2025 10-Q Quarterly Report

Short answer

YELP INC (YELP) filed its Q3 2025 10-Q quarterly report on Nov 7, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $376M (up 4.4% year over year) with net income of $39M.

Q3 2025 key financials · XBRL

Revenue
$376M
+4.4% YoY · +1.5% QoQ
Net income
$39M
+2.3% YoY · −10.8% QoQ
Operating margin
14.1%
EPS (diluted)
$0.60
+11.1% YoY · −10.4% QoQ

Source: XBRL data from the YELP INC (YELP) Q3 2025 10-Q on SEC EDGAR. USD.

YELP INC Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • New risk: Macroeconomic uncertainties and advertiser caution expected to reduce net revenue and adjusted EBITDA in Q4 2025, triggered by ongoing market conditions
  • Updated risk: Decline in Restaurants, Retail & Other paying locations by 7% YoY due to competitive pressures and challenging operating environment impacting revenue
  • Regulatory/legal risk: General and administrative expense includes litigation settlements, highlighting ongoing legal and compliance cost exposure
  • Operational risk: AI-powered Yelp Assistant usage up nearly 400% YoY, with new features aiming to boost consumer engagement but requiring continued investment and adoption
  • Financial risk: Cost of revenue up 12% YoY in Q3 2025 mainly from RepairPal acquisition increasing revenue share payments and infrastructure expenses

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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